Average Loan Workout Specialist Hourly Pay

$19.38
Avg. Base Hourly Rate (USD)
10%
$14.97
MEDIAN
$19.38
90%
$25.31

The average hourly pay for a Loan Workout Specialist is $19.38 in 2025

Hourly Rate
$15 - $25
Bonus
$520 - $13k
Profit Sharing
$391 - $5k
Commission
$517 - $13k
Total Pay
$32k - $59k
Is Average Loan Workout Specialist Hourly Pay your job title? Find out what you should be paid
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How do Loan Workout Specialists Rate Their Jobs?

3.7 out of 5
(258)
Highly Satisfied
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FAQs About Loan Workout Specialists

What is the highest pay for Loan Workout Specialists?

Our data indicates that the highest pay for a Loan Workout Specialist is $25.31 / hour

What is the lowest pay for Loan Workout Specialists?

Our data indicates that the lowest pay for a Loan Workout Specialist is $14.97 / hour

How can Loan Workout Specialists increase their salary?

Increasing your pay as a Loan Workout Specialist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Workout Specialist that oversees more junior Loan Workout Specialists, this experience can increase the likelihood to earn more.